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Heritage Commerce Corp (HTBK) [hlAlert]

Rating:
Hold HTBK

Heritage Commerce Corp (HTBK) rated Hold by Stifel Nicolaus

Posted on: Friday,  Jun 1, 2012  8:25 AM ET by Stifel Nicolaus

Heritage Commerce Corp
(NASDAQ: HTBK) rated Hold by Stifel Nicolaus.

Heritage Commerce Corp. is the holding company of Heritage Bank of Commerce, Heritage Bank East Bay, Heritage Bank South Valley and Bank of Los Altos. The company offers a range of loans, primarily commercial, including real estate, construction, Small Business Administration), inventory and accounts receivable, and equipment loans. The company also accepts checking, savings, and time deposits; NOW and money market deposit accounts; and provides travelers' checks, safe deposit, and other customary non-deposit banking services.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/1/2012 8:25 AM Hold
None
5.97
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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